SX3’s newest
addition is a complete set of both, graphic and numeric parameters that
make the Homeowner Pre-Qualification process much simpler.

Now from the
Monthly Financial Statement module, users can enter the Customer’s
financial information as usual obtaining visual alerts whether the
homeowner meets or not the new Home Affordable Mortgage guidelines.
These guidelines were established by the administration of President
Barack Obama.

These new
features show the calculations of Front-End and Back-End Homeowner’s
DTIs and graphic representations of these DTIs compared to the Lender’s
desired scenario. This module also includes a multiple scenario
financial statement that allows the user to create actual and proposed
situations with ease.

After 10
years developing software applications SX3 Software has position its
applications ahead of the competition. SX3 Loan Modification Software is
the most complete and user friendly loan modification software available
today.

SX3 Loan
modification software is a product offered by SX3 Software, an Arizona
based company specialized in custom large scale software applications
since 1999 for clients worldwide.

Now SX3
offers the opportunity to define your own process pipeline, allowing
administrator users to control the cases with more detail. You can
specify the different stages of every module in the loan modification or
short sale process opening the door to a greater customization and
control. Let’s take the following example:

-Under the
Leads (Prospects) module you may specify the following as your process
stages:

oLead - Just
received.

oReviewed –
Waiting for Docs.

oReviewed –
Ready to be transferred to Negotiation.

oRejected –
Pre-Approval failed (rejected by Lender).

oRejected –
Pre-Approval failed (Incomplete documentation).

-Under
Cases-Negotiation you may want to specify the following stages:

oJust
transferred.

oCase
requires Forensic Audit.

oCase
requires more Documentation.

oCase
requires Attorney review

oClosed:
Approved

oClosed:
Rejected by the Lender

oChange to
Short Sale.

-Under the
cases Archive you can specify different statuses that can clearly
identify the result of the process, for example:

oClosed:
Approved by Lender.

oClosed:
Rejected by Lender.

oClosed:
Short Sale.

The users
can specify as many statuses per process as required. The specification
of statuses allows the user to obtain reports and also to filter cases
“on the screen”. For example, users may need to filter cases in need of
Attorney Review; this can be easily done by selecting the filtering
checkbox and selecting the status “Attorney Review” under the Cases
Browse window.

This new
feature is part of SX3 Software continuous efforts to improve its
software products and provide its customers the highest level of
flexibility and control over their business. SX3 is the only software
product available today that can offers this high level of flexibility.

SX3 Loan
modification software is a product offered by SX3 Software, an Arizona
based company specialized in custom large scale software applications
since 1999 for clients worldwide.

One of the
most important capabilities of any robust database application is its
ability to generate reports in different formats and also to allow the
users to specify different sets of parameters like dates, specific
entities, types of transactions etc. SX3 Mortgage Modification Software
has added a large number of new reports to its already complete
extensive list.

Some of the
reports included with the SX3 Loan Mod Software are:

AGENTS

General - Commissions generated between dates.

General - Commissions with open balance.

CASES-NEGOTIATION

Detailed - Negotiations - First Mortgage - All / per Case.

Detailed - Negotiations - Second Mortgage - All / per Case.

General - Cases / Labels / Excel.

General - Cases / all Negotiators.

General - Cases / per Lender.

General - Cases / per Negotiator.

General - Cases / per Status.

General - Cases / per Status / per Agent.

General - Cases Status / all Agents.

General - Cases Status / per Agent.

General - Cases due for follow up.

General - Cases due for follow up / per Lender.

General - Cases due for follow up / per Lender & Negotiator.

General - Cases due for follow up / per Negotiator.

General - Cases grouped per status.

General - Cases per Advertising Campaign.

General - Cases per Referring Agent / created between dates.

General - Cases per Referring Agent / transferred between dates.

General - Cases with specific foreclosure date.

General - Collections between dates.

General - Collections between dates / per Referring Agent.

General - Collections between dates / per Sales Rep.

General - Collections forecast between dates (Cases only).

General - Past due payments as of today.

LEADS-PROSPECTS

Detailed - Full lead report (Enter Case number).

General - Collections between dates.

General - Collections forecast between dates.

General - Leads / per Sales Rep.

General - Leads / per Status.

General - Leads due for follow up.

General - Leads per Advertising Campaign.

General - Leads per Agent / created between dates.

General - Leads posted between dates.

General - Leads with foreclosure date in "nn" days.

General - Past due payments.

General - Summary of Leads by Advertising Campaign / between
dates.

SX3 is
committed to offer the most complete software tool for the loan
modification industry. Make sure you contact us today to schedule a live
online demo!

03/28/09
- Access to Cases from the Leads module!

SX3 Loan
modification software is a software product offered by SX3 Loan
Modification Software, an Arizona based company specialized in custom
large scale software applications since 1999 for clients worldwide.

This Rated
#1 loan modification program offers a modular approach to the loan
modification or mortgage modification process. The main 3 modules of
this tool are:

-Leads
(Prospects).

-Cases
(Negotiation Control).

-Archive
(closed Cases file).

One of the
main features of SX3 Loan Modification Software is the ease of access to
the information on the screen. With the latest release of SX3 V2.0 Sales
Reps. can easily access their cases that have been transferred to the
negotiation module, this ensure that the Sales Reps. can continuously
provide support and updates to loan modification Customers (home owners)
when they call for case status.

Sales Reps.
can only “preview” the details of each case; they cannot make changes
once the case has been transferred to the negotiation window, case
updates are reserved to the Negotiators.

SX3 Loan
Modification stands for data security. Supervisor users can easily
specify which Sales Reps. can preview Cases after they have been
transferred to the Cases module.

SX3 is the
fastest and more feature rich loan modification program available today.
Make sure you contact us today to schedule a live online demo!

SX3 Loan
modification software is a software product offered by SX3 Software, an
Arizona based company specialized in custom large scale software
applications since 1999 for clients worldwide.

President
Barak Obama’s modification guidelines also help Loan Modification
Companies to prequalify home owners when doing a mortgage modification.
These guidelines include a predefined set of Front-End and Back-End DTIs
(Debt to Income ratios) that clearly set the parameters to prequalify
customers.

Being the
rated 1 Loan Modification Software, SX3 has already incorporated these
guidelines into their modification program. Now you can easily specify
from the open list of Lending Institutions (Banks) the Front-End and
Back-End DTIs (per Lender).

This
functionality combined with the Financial Statement module that allows
the users to enter actual and proposed situations (multiple scenarios)
can easily pre-qualify the customers with simple clicks.

Offering a
first class service to your loan modification customers is now easier
than ever. Using SX3 v2.0 you can play safe offering a better and more
accurate service to your customers by following the federal guidelines.

03/26/09 - SX3 Allows Home Owners to
check the progress of their cases online!

SX3 Loan
modification software is a software product offered by SX3 Software, an
Arizona based company specialized in custom large scale software
applications since 1999 for clients worldwide.

SX3 Software
has released its optional plug in SX3 Web Component; this new
application allows home owners to check the status and progress of their
cases online.

With SX3 Web
Component, loan modification Companies can now offer their loan mod
customers (home owners) a way to go to loan mod company’s website and
securely login to check the progress of their case. It is very simple
and can be installed and setup in less than 5 minutes.

This web
component is 100% compatible with SX3 Loan Modification Software, it
only requires to setup a user name and password per customer and they
will be able to log in. This new application can dramatically decrease
the number of incoming calls for update which translates into savings.

SX3 Loan
Modification Software has increased the level of security to access the
catalogs menu. Now Administrator’s can easily grant/deny access to the
catalogs menu “per user” with a simple click. Being a large database
application, this new SX3’s feature increases the security of the entire
system, which is especially required when the database it is being
accessed by remote users.

Part of our philosophy
is that a software tool “must be as flexible as powerful”. We have just
released a new feature that allows SX3 loan modification software users
to obtain, from up to three different websites, comp prices of the
property subject of the loan modification.

This new feature also
allows the users to specify the three websites of their preference,
enabling the use of macros for easy linking between SX3 and any given
website. Now you can obtain comps from different sources, the website of
your preference!

11/26/08 - Financial
statement with multiple scenarios.

Being
able to create the financial statement of your Loan Modification
Customers in you SX3 program is good; being able to "play" with
three different financial scenarios is even BETTER!

Now you can specify up
to three financial scenarios for the same case and play with the
numbers. Once the case is complete, you can send the complete package to
the bank selecting the scenario with more chances of qualification for a
loan modification. This module also includes the debt to income (DTI)
ratios for each scenario.

This is
just one of the many reasons why you should implement SX3 Loan
Modification Software, a unique software tool backed by 10 years of
experience and a clean and unique user's interface that will streamline
your entire loan modification process